MON 0.00% 29.5¢ monarch gold mining company limited

They were buying big up until last week when the rights issue...

  1. 1,528 Posts.
    They were buying big up until last week when the rights issue lapsed. Since then then volume has dropped and there have been no more change in shareholding announcements. Of course that's not to say they won't in the future, but they certainly stopped buying.

    Btw, I think you are really stretching things by forecasting a profit based on a speculated gold price 66% higher than todays price while using costs at less than todays and also quoting a grade (which is only a target) which is a small portion that will be blended with the much lower grade Davyhurst ore.
 
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Currently unlisted public company.

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